Andrew Mason News
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Groupon Inc. shares rose after the largest daily-deal website reported first-quarter profit that topped analysts’ estimates, helped by lower marketing costs and expanded international sales.
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Groupon Inc., the largest daily coupon website, has work to do if it’s to rebuild investor confidence after one of the worst public market debuts for a Web company since the dot-com crash.
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Groupon Inc. Chief Executive Officer Andrew Mason sees “enormous opportunity” ahead after three and a half years of rapid growth, he said in a letter to shareholders.
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Groupon Inc. Chief Executive Officer Andrew Mason has started weekly checks on U.K. customer complaints after the Office of Fair Trading and the Advertising Standards Authority criticized the company for violating rules protecting consumers, The Sunday Telegraph said, citing Mason.
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Groupon Inc., the biggest online coupon company, has lost half its value since a November initial public offering amid concern over its ability to translate growth into profit while rectifying accounting missteps.
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Groupon Inc. said Daniel Henry, the finance chief of American Express Co., and Robert Bass, a vice chairman of Deloitte LLP, will become directors, underscoring efforts to shore up investors’ confidence in its accounting.
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Bloomberg's Erik Schatzker, Sara Eisen, Stephanie Ruhle and Scarlet Fu look at Groupon CEO Andrew Mason's missteps in leading the company after he apologized for drinking too much beer during a company town-hall meeting. They speak on Bloomberg Television's "Inside Track." (Source: Bloomberg)
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Groupon Inc. is seeking to hire at least two new directors to its board as it attempts to regain investor confidence following a restatement of revenue last month, two people familiar with the matter said.
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Splunk Inc.’s Godfrey Sullivan doesn’t fit the profile of the young hotshot Silicon Valley executive. At age 58, he’s been in the technology industry longer than Facebook Inc.’s Mark Zuckerberg has been alive.
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Groupon Inc.’s latest restatement raises concern about the reliability of the company’s financial reporting. Betty Liu reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
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